REG - Mast Energy Dvlpmts. - Holding(s) in Company

Mast Energy DevelopmentsAnnouncement

09/08/2023 14:30

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RNS Number : 8372I  Mast Energy Developments PLC  09 August 2023

Mast Energy Developments PLC

(Incorporated in England and Wales)

(Registration Number: 12886458)

Share code on the LSE: MAST

ISIN: GB00BMBSCV12

("MED" or "MAST" or "the Company")

 

 

TR-1: Standard form for notification of major holdings

 

 

Dated 9 August 2023

 

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 FCA in Microsoft Word format if possible) i

 1a. Identity of the issuer or the underlying issuer of existing shares to
 which voting rights are at- tached ii:

                                                                            Mast Energy Developments PLC
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X"
 if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                            X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify) iii:
 3. Details of person subject to the notification obligation iv
 Name                                                                       Strategic Energy Ventures Limited
 City and country of registered office (if applicable)                      London, England
 4. Full name of shareholder(s) (if different from 3.) v
 Name                                                                       Aurora Nominees Limited
 City and country of registered office (if applicable)                      London, England

 

 5. Date on which the threshold was crossed or reached vi:

                                                                                                                                                                   08/08/2023
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                    09/08/2023
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights at- tached to shares (to- tal of 8. A)  % of voting rights through financial instru- ments                                       Total number of voting rights held in issuer (8.A + 8.B) vii

                                                                                                                                       (total of 8.B 1 + 8.B 2)                                Total of both in % (8.A + 8.B)
 Resulting situation on the date on which threshold was crossed or reached

                                                                            3.01%                                                      n/a                                                     3.01%                            7,000,000
 Position of previous notification (if applicable)

                                                                            n/a                                                        n/a                                                     n/a

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached viii
 A: Voting rights attached to shares
 Class/type of shares                            Number of voting rights ix                                                              % of voting rights

 ISIN code (if possible)
                                                             Direct                                 Indirect                                                     Direct                                Ind

                                     ire
                                                             (DTR5.1)                               (DTR5.2.1)                                                   (DTR5.1)                              ct

                                                                                                                                                                                                       (DT
                                                                                                                                                                                                       R5.
                                                                                                                                                                                                       2.1
                                                                                                                                                                                                       )
 GB00BMBSCV12                                    7,000,000                             n/a                                               3.01%                                           n/a

 SUBTOTAL 8. A                                   7,000,000                                                                               3.01%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
                                                                                                                 Number of voting rights that may be acquired if the instrument is

                                      exercised/converted.

 Type of financial in- strument                  Expiration date x        Exercise/ Conversion Period xi                                                                                 % of voting rights

                                                                          SUBTOTAL 8. B 1
 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration date x             Exercise/ Conversion Period xi         Physical or cash Settlement xii                              Number of voting rights

                                                                                                                                                                                                       % of voting rights

                                                                                                    SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer xiii
 Full chain of controlled undertakings through which the voting rights and/or
 the

 financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) xiv
                             % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial in- struments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold

                                                                                                       than the

                                                                                                       notifiable threshold
 Name xv

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 

 

 Place of completion  United Kingdom
 Date of completion   09/08/2023

 

This announcement contains inside information in accordance with  the UK
version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ('UK MAR').

 

ENDS

 

For further information please visit www.med.energy or contact:

 

 Pieter Krügel                 info@med.energy                                                       Mast Energy Developments plc  CEO
 Jon Belliss                   +44 (0)20 7399 9425                                                   Novum Securities              Broker
 Zainab Slemang van Rijmenant  zainab@lifacommunications.com (mailto:zainab@lifacommunications.com)  Lifa Communications           Investor and Media Relations Advisor

Lifa Communications

 

Investor and Media Relations Advisor

 

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